Sky quarry (SKYQ) announced the restart of operations at the Foreland refinery located in Nevada.
The company's share price rose 18.19% during intraday trading. The refinery currently has stockpiled crude oil, with confirmed storage capacity exceeding 100,000 barrels.
The company has also signed a non-binding memorandum of understanding in the field of sustainable aviation fuel production, which supports its full industrial chain layout logic.
